Xiaomi Smart Factory Phase II plans to put all production lines into operation by the end of 2024

Xiaomi Smart Factory Phase II has completed the installation and commissioning of the first production line, and plans to put all production lines into production by the end of 2024. After all production lines reach full capacity, the annual production capacity is expected to reach 10 million smartphones, with an annual output value of 50 billion to 60 billion yuan.